POL
POL holders have a say in the governance of the Polygon ecosystem. They can participate in decision-making processes, such as voting on protocol upgrades and fee struc...
Tags:CryptocurrenciesETH tokenPolygon Ecosystem Token (POL) is the native token of the Polygon 2.0 ecosystem. It’s designed to be a crucial element in the development and growth of the Polygon network.
Role of POL
- Governance: POL holders have a say in the governance of the Polygon ecosystem. They can participate in decision-making processes, such as voting on protocol upgrades and fee structure changes.
- Staking: Users can stake their POL tokens to earn rewards and participate in network security.
- Ecosystem Development: POL is used to incentivize the development of applications and infrastructure on the Polygon network.
- Fees: A portion of transaction fees on the Polygon network may be paid in POL.
Polygon 2.0
POL is a key component of Polygon’s transition to Polygon 2.0. This upgrade aims to transform Polygon into the “Value Layer of the Internet,” focusing on scalability, security, and interoperability. POL is designed to play a pivotal role in achieving this vision.
Key Points
- New token: POL is a new token introduced with the Polygon 2.0 upgrade, not to be confused with the previous Polygon token (MATIC).
- Ecosystem focus: POL is specifically designed to drive the growth and development of the Polygon ecosystem.
- Governance rights: Token holders have a significant role in shaping the future of the Polygon network.
| POL | |
| Total supply: | 10,208,953,169 POL |
| Contracts: Ethereum | 0x455e53cbb86018ac2b8092fdcd39d8444affc3f6 |
| X: | @0xPolygon |
data statistics
Relevant Navigation
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